Business Ethics
Examining the good versus the bad in any situation where a business is faced with making a decision. Generally these “business ethics” are prewritten and predetermined in order to support making the correct decision. Businesses operate in a society and as such they are bound to duties and responsibilities within those societies. Corporations should be held to a standard, they should be held accountable and their ethical systems should be made know to everyone that decides to do business with them. How an organization chooses to conduct its business effects more then the parties directly related to that business. Business ethics applies to all aspects of business conduct including both the individuals associated with an organization and the organization as a whole. “Theoretically, a code of ethics sets guidelines for ideal behavior. However, in reality, it represents minimum standards of behavior. These minimum standards often become the goal, rather than a “trip wire” to signal unacceptable behavior.” (Schafer)
March 2010 | Posted in

